Word: headful
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...Bank of America program, which has won praise from consumer advocates, could help as many as 45,000 borrowers reduce what they owe by $3 billion. "Bank of America is to be commended for launching a program to reduce principal balances on loans that are underwater," said John Taylor, head of the National Community Reinvestment Coalition of Bank of America's program shortly after it was announced. "The rest of the industry should follow suit." (Last week, the Obama Administration announced new programs to help homeowners whose mortgage balances exceed their home's value...
...Ironically, Moynihan almost didn't stick around long enough at the bank to become its CEO. In late 2008, former CEO Ken Lewis reportedly considering firing Moynihan, who had joined the bank after its 2004 acquisition of FleetBoston Financial, after the executive turned down the post of head of the bank's card division. Lewis even had a press release drafted announcing Moynihan's departure. The bank's board of directors, however, convinced Lewis to keep Moynihan, who was made the bank's chief legal officer and then the head of its retail operations before becoming...
Maya S. Sugarman ’12, head of the HHRA Burma campaign, first learned about the country’s political situation in a high school history class. She has since become deeply involved in human rights work, spending a gap year teaching Burmese refugees on the Thai border. When she contacted the OFA about doing an installation to raise on-campus awareness, she was introduced to Duehr to collaborate on a project with his public art workshop...
...College Fellows program will expand this year, despite limitations that prevent the recent graduates from acting as the head professor for a class...
...Russian Prime Minister Vladimir Putin, himself a former KGB agent who later became head of the FSB, has overseen several brutal campaigns against the Islamic separatists, starting with the second Chechen war in 1999 that established his popularity in Russia as an unflinching leader. On Monday, he warned of a new crackdown against those responsible for the bombings. "I am certain that law-enforcement agencies will do everything to find the criminals and bring them to justice. The terrorists will be destroyed," Putin said in televised remarks. Russian President Dmitri Medvedev, meanwhile, ordered police to tighten security across the country...